Compare: Touchstone Village/Elm Lane vs Hwy 51/Park Road

Home Values in Touchstone Village/Elm Lane and Hwy 51/Park Road

Touchstone Village/Elm Lane

Hwy 51/Park Road

Zillow Home Value Index

$234,400

$130,000

1-Year Change

+7.2%

+3.6%

Median List Price

$219,700

$130,000

Median Sale Price

$155,000

$112,500

Total Homes Sold in Mar

13 homes

Touchstone Village/Elm Lane, Charlotte tends to be more expensive for home buyers than Hwy 51/Park Road, Charlotte. During the last year, Touchstone Village/Elm Lane home values have risen by 7.2%, while Hwy 51/Park Road home values have risen by 3.6%. The median sale price in Touchstone Village/Elm Lane is $155,000, but the median listing price was $219,700, a 29.4% discount. Meanwhile in Hwy 51/Park Road, the median selling price is $112,500, and the starting price had a median of $130,000, a 13.5% discount. In March, Touchstone Village/Elm Lane home sellers managed to move 13 houses, while Hwy 51/Park Road saw 13 transactions.

Demographics in Touchstone Village/Elm Lane and Hwy 51/Park Road

Touchstone Village/Elm Lane

Hwy 51/Park Road

Population

2,227

2,219

Median Household Income

$52,418

$41,499

Median Age

Homes with Kids

27.9%

25.9%

Average Household Size

2.3

2.5

Average Commute Time (Minutes)

At $41,499, the median income in Hwy 51/Park Road is $10,919 less than in Touchstone Village/Elm Lane, and $3,013 lower than the national average. Touchstone Village/Elm Lane has an older median age, at 33, compared to 33 in Hwy 51/Park Road, and a longer average commute. The average commute in Hwy 51/Park Road is 23 minutes and the average commute in Touchstone Village/Elm Lane is 28 minutes.